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140 - The Future is Fiat | Noah Smith (Noahpinion)
Bankless
Do You Know How to Create a Down Line?
Noah: Ponzis are extractive. You can just like scam people out of a lot of money. I don't endorse crime. But what I'm saying is that someone will do this, right? This is how unregulated financial markets work. And you know, web three is the financialization of tech. So maybe now we're done selling people stuff. Maybe now we could just extract. It's time to own. Let's, you know, like it's time to do it. Noah: We still haven't talked about the US and its place in the world. There's so much there for us to talk about but let me ask two more questions. One is sort
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